Compare organisational performance to other organisations and industries



Competency Area

Business Development and Strategy Management


Identify factors that affect business performance

Identify business processes and performance internally

Compare business processes and performance metrics to industry best standards

Compare business processes and performance metrics to best practices from other industries

Measure business performance benchmarks

Identify world-class performance levels

Identify best practices in key business processes

Determine the drivers of superior performance

Measure performance between different groups or teams within an organisation

Assess competitors’ future trends and strategies

Analyse benchmark data to assess competitors

Review future outlook of competitor firms systematically to determine the impact of benchmarked processes

Prioritise opportunities for improvement relative to other organisations